On Saturday next the pennant emblematic of the inter-collegiate base-ball championship of America will be unfurled upon Holmes Field. The occasion will be noteworthy from the fact that Harvard has won this coveted trophy this year for the first time since the formation of the league. Years ago, when the Yale-Harvard series was the only series played to determine the question of the championship, the Harvard nine was often victorious over its New Haven rivals. Since the formation of the present league, however, our teams have met with a continual run of ill success that has been most discouraging. Year after year the college has been represented by nines, whose players, as individuals, stood high upon the rolls in point of fielding or of batting, and yet each year, opening in promise, has closed with defeat. Last year our nine slowly fought its way to the front until it stood even with the Blue; then we staked everything on the memorable "tie game" at New York-and lost. This year the championship is ours, beyond all uncertainty and doubt. Let us appreciate our good fortune, then, at its true value, and feel fitting gratitude to Captain Winslow and his nine, by whose faithful and untiring work the honor that has now become ours has been won.